Shiny Brands Group Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,287	3,584	2,974	1,708	1,356
Revenue Growth (YoY)	-8.29%	20.51%	74.15%	25.97%	2.01%
Cost of Revenue	1,229	1,365	1,017	593.03	433.49
Gross Profit	2,058	2,219	1,957	1,115	922.14
Selling, General & Admin	1,605	1,812	1,410	864.81	712.42
Research & Development	49.31	46.69	45.82	27.8	22.24
Operating Expenses	1,654	1,859	1,456	892.61	734.67
Operating Income	403.35	359.48	500.55	222.07	187.48
Interest Expense	-14.29	-11	-5.56	-0.58	-0.46
Interest & Investment Income	6.08	7.03	6.37	1.81	0.6
Currency Exchange Gain (Loss)	-	6.49	0.1	17.23	-10.22
Other Non Operating Income (Expenses)	5.45	0.86	0.44	1.7	0.22
EBT Excluding Unusual Items	400.59	362.86	501.9	242.23	177.6
Gain (Loss) on Sale of Investments	-	-0.27	2.71	-12.63	2.02
Other Unusual Items	-	0.01	-	-	-
Pretax Income	400.59	362.6	504.61	229.61	179.63
Income Tax Expense	83.13	74.68	104.35	47.69	37.62
Earnings From Continuing Operations	317.45	287.91	400.26	181.91	142.01
Minority Interest in Earnings	6.56	12.33	3.23	-	0.19
Net Income	324.02	300.24	403.49	181.91	142.19
Net Income to Common	324.02	300.24	403.49	181.91	142.19
Net Income Growth	7.92%	-25.59%	121.81%	27.93%	17.29%
Shares Outstanding (Basic)	33	33	32	31	31
Shares Outstanding (Diluted)	33	33	32	32	31
Shares Change (YoY)	0.61%	0.69%	1.70%	1.07%	13.17%
EPS (Basic)	9.90	9.24	12.62	5.81	4.58
EPS (Diluted)	9.89	9.22	12.47	5.72	4.52
EPS Growth	7.29%	-26.09%	118.15%	26.50%	3.59%
Free Cash Flow	478.49	244.13	266.43	233	149.76
Free Cash Flow Per Share	14.61	7.50	8.24	7.33	4.76
Dividend Per Share	-	6.364	10.589	4.183	4.827
Dividend Growth	-	-39.91%	153.18%	-13.35%	-0.66%
Gross Margin	62.60%	61.90%	65.80%	65.27%	68.02%
Operating Margin	12.27%	10.03%	16.83%	13.00%	13.83%
Profit Margin	9.86%	8.38%	13.57%	10.65%	10.49%
Free Cash Flow Margin	14.56%	6.81%	8.96%	13.64%	11.05%
EBITDA	455.36	380.36	505.25	224.43	190
EBITDA Margin	13.85%	10.61%	16.99%	13.14%	14.02%
D&A For EBITDA	52.01	20.88	4.7	2.36	2.52
EBIT	403.35	359.48	500.55	222.07	187.48
EBIT Margin	12.27%	10.03%	16.83%	13.00%	13.83%
Effective Tax Rate	20.75%	20.60%	20.68%	20.77%	20.94%
Revenue as Reported	3,287	3,584	2,974	1,708	1,356

Source: S&P Global Market Intelligence. Standard template. Financial Sources.